The human resource department at Paula's Powerwheels is implementing a number of functional level strategies. These strategies include focusing on ways to retain and develop a stable work force and ways to improve efficiency in the organization. These functional-level strategies are consistent with which of the following strategies?
A) Cost leadership
B) Differentiation
C) New product development
D) New market development
E) Divestiture

Question

Quizplus · Accepted Answer

The functional-level strategies of retaining and developing a stable work force and improving efficiency are consistent with cost leadership strategy, which aims to minimize costs and offer products/services at a lower price than competitors while maintaining a reasonable level of quality. These strategies can help Paula's Powerwheels reduce costs associated with employee turnover and increase productivity, which can lead to cost savings and competitiveness in the market.

The Human Resource Department at Paula's Powerwheels Is Implementing a Number